Mr. Greg Feller reports

ORION DIGITAL REPURCHASES ONE MILLION SHARES

Orion Digital Corp., on Nov. 10, 2026, repurchased one million shares of its common shares under the company's previously announced Nasdaq Stock Market share repurchase authorization, at an average of $1.15 (U.S.) per share, representing approximately 4 per cent of the common shares outstanding as at Sept. 30, 2026. Following this transaction, the company has approximately $5.7-million (U.S.) remaining under the authorization.

The company intends to continue to evaluate opportunities to repurchase its common shares when it believes prevailing market prices represent an attractive use of capital. Including this most recent transaction, the company has repurchased 1,245,725 common shares in 2026. Since 2022, the company has repurchased common shares equivalent to approximately 11 per cent of its common shares outstanding as at Sept. 30, 2026.

"We remain focused on allocating capital where we believe it can generate attractive long-term returns for shareholders," said Greg Feller, president and chief financial officer. "At current levels, we believe opportunistic share repurchases represent an attractive use of capital given the underlying value and opportunity we see in the business."

In its recently reported Q3 (third quarter) 2026 financial results, the company generated $2.5-million of operating cash flow and repaid $4.3-million of debt. Orion Digital ended Sept. 30, 2026, with $30.9-million in cash, restricted cash, marketable securities and investments.

About Orion Digital Corp.

Orion Digital is a financial technology company operating two platforms: a Canadian consumer platform spanning Intelligent Investing and Mogo Lending, and Carta Worldwide, its European payments infrastructure platform.

Intelligent Investing is building a capital allocation system for an AI (artificial intelligence) investing world, designed to help individual investors make better long-term investment decisions rather than simply trade more. By combining AI-powered research and analysis with portfolio context, structured decision-making and continuing performance evaluation, Intelligent Investing aims to help investors make more informed capital allocation decisions over time.

Mogo Lending provides Canadian consumer lending products, managed for risk-adjusted returns and capital efficiency. Carta Worldwide provides payments infrastructure supporting more than $11-billion in annual payment volume and reaching more than four million end users through its clients.

Orion allocates capital across its businesses based on expected returns, capital efficiency and liquidity requirements.

We seek Safe Harbor.